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Total production of grain and other crops on a grain equivalent basis is estimated at 5.75 million metric tons (5 MMT, milled basis for rice and grain equivalent for soybeans) in marketing year....
Korea has an active greenhouse farming culture, accounting for about 12 percent of agricultural output by value.
The Korea- Australia Free Trade Agreement (KAFTA) was officially signed by both parties on April 8th, approximately two years after the KORUS FTA went into effect in March 2012.
Chicken production is expected to increase 5.1 percent to 746,000 MT in 2014 and to 753,000 MT in 2015 due to greater broiler chick production and higher parental stock inventory.